Crypto analyst Crypto Lens has predicted that the Bitcoin price could rise to a new all-time high (ATH) of $150,000. This came as he outlined four scenarios that will build on this rally to a new ATH next year.
Bitcoin price will still rise to $150,000 in these four scenarios
In one X messageCrypto Lens predicted that the Bitcoin price would rise to $150,000 by February next year. This came as he noted that BTC is now hovering right at the level where every bull trap ends. The analyst stated that BTC will return to $43,000 next week due to another bearish rejection. The rally to $150,000 and a drop to $43,000 are notably among the scenarios he outlined for BTC.
Related reading
In the first scenario, Crypto Lens predicted that the Bitcoin price would fall to $48,000 within a few days. This will be followed by a decline to $43,000 in July, which is the second scenario. In the third scenario, the analyst predicts that BTC will fall to $32,000 in September. He described this level as the buy zone, indicating that the leading crypto is likely to bottom here this bear cycle.
Meanwhile, Crypto Lens predicts that the Bitcoin price will rise to $150,000 in February as a new bull run begins. In another X messagethe analyst said the bear market is 53% over and BTC has entered the final phase of the 2026 bear market. He also indicated that the bottom of the cycle will likely occur between August and September, with BTC falling to $32,000.
BTC bottom is likely to form in the fourth quarter
In one X messagesaid crypto analyst Colin that a bottom for the Bitcoin price in the fourth quarter is even more likely now that BTC has no strong dip immediately. The analyst referenced market expert Benjamin Cowen’s assessment, noting that BTC closed the week above the 200W SMA after hitting the February low of $60,000.
Related reading
Colin stated that based on this Bitcoin price actionBTC will likely rebound for 1 to 3 months and then drop to a new low in the fourth quarter. As such, the fourth quarter has a high chance of being the cycle bottom, with a lower low. However, he added that if the Bitcoin price were to suddenly break below the 200-week MA in the next two weeks, it will likely form the bottom of this decline.
At the time of writing, the Bitcoin price is trading around $61,200, down more than 3% in the past 24 hours. facts from CoinMarketCap.
Featured image from Pixabay, chart from Tradingview.com